Business Standard

How green is my building: Demand for sustainable homes, offices is rising

Amid increasing concern for the health of the planet, sustainability is emerging as more than just a trendy buzzword for developers

Green Homes, sustainable homes
Premium

Aneeka Chatterjee
Amid increasing concern for the health of the planet, sustainability is emerging as more than just a trendy buzzword for developers.
 
A report by advisory firm Xynteo released on March 22 sheds light on the shifting landscape. In Tier-I Indian cities, middle-income residents are willing to pay an extra 5-10 per cent for sustainable living, while companies are showing a readiness to invest up to 15 per cent more in green-certified structures.
 
In Mumbai, the number of residents exhibiting a strong preference for sustainability when buying homes, prioritising features like green spaces and indoor air quality, is 70 per cent

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 31 2024 | 6:10 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com